Bedford, PA vs Lock Haven, PA

Bedford, PA and Lock Haven, PA have a very similar cost of living, with only a 2.5% difference in their overall index. Bedford scores 69 while Lock Haven scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bedford is $674/month compared to $794/month in Lock Haven — a 15% difference. Interestingly, home values tell a different story: while Bedford has cheaper rent, Lock Haven actually has lower median home values ($127,500 vs $182,300).

Median household income in Bedford is $50,570 compared to $40,131 in Lock Haven (+26%). While Bedford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bedford spend roughly 16% of their income on rent, less than the 23.7% in Lock Haven.